REPORT: Suning to inject €60m into Inter's coffers
With all the huge sums (750 million, for example) being bandied around, it is helpful to find Italian website Calcio e Finanzia shedding some light on the situation: the Chinese group will be injecting 59.4m into the club's coffers. On June 29th, 3.263.021.485 shares will be made available on the market. Suning will buy the 68.55% we've read about, 22% of which will be group's own money, aka 59.4m.
The remaining 46.55% of its shares will come from Massimo Moratti (who will leave the club) and Erick Thohir, who will remain the minority shareholder.
The shareholders' meeting will see a new board be nominated, which will include five members being chosen by Suning, and three by Thohir. Michael Bolingbroke will remain the CEO, despite the recent rumours regarding an eventual departure.
What difference will this make for Inter? It'll allow them to buy before they sell,though it is important to remember that the club will still have to make good what has spent by the end of the market in player sales. It allows them to move now, before eventual signings become too expensive after Euro 2016, and allowing the likes of Marcelo Brozovic and Ivan Perisic to gain value, too.
@EdoDalmonte
